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Description

Unlisted Denomination

Henrico, VA- Wm. Wayne, Sr. - Shockoe Hill Bank 12-1/2¢ Feb. 24, 1862 Jones-Littlefield UNL Remainder PMG Very Fine 30.
William Wayne, Sr. is listed as a butcher in the 1860 Federal census for Henrico (County), VA. According to Jones, the business was originally located in stall 17, 2nd Market and was later moved to Henrico County. This would explain Richmond being crossed out and replaced by a handwritten Henrico on this note. The Shockoe Hill Bank title is symbolic and has nothing to do with the business. Shockoe Hill was one of several hills on which much of the oldest portion of the City of Richmond was built. This denomination for this issuer is unlisted in the Virginia state catalog and is a relatively late use for the 12-1/2¢ denomination. Foreign coins, including Spanish bit-based coins, were no longer accepted as legal tender in the United States under the Coinage Act of 1857. All in all, a neat note with all sorts of historic interest, in nice condition, with great rarity.
From The Neil A. Chiappa Collection


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Auction Info

Auction Dates
September, 2023
13th-15th Wednesday-Friday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 144

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Sold on Sep 13, 2023 for: $600.00
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